SPARTANBURG S.C. Denny’s Corp. reported a steep drop in net income for the second quarter on slowed consumer spending at its family-dining chain and the sale of corporate restaurants. For the quarter ended June 25, Denny’s posted profit of ...
MINNEAPOLIS Famous Dave’s of America Inc. posted a 6.2-percent increase in second-quarter profit as sales surged nearly 16 percent on restaurant openings and menu price increases. The operator or franchisor of 171 namesake barbecue...
LOS ANGELES The California Restaurant Association said today that it may take legal action to challenge the one-year ban on quick-service restaurant development that was unanimously approved Tuesday by the Los Angeles City Council for an...
MINNEAPOLIS Bucking nearly every trend in the restaurant sector, Buffalo Wild Wings Inc. reported late Tuesday increased second quarter same-store sales and improved margins that led to a profit jump of 46 percent. For the quarter ended...
GLENDALE Calif. DineEquity Inc., parent to the IHOP and Applebee’s brands, swung to a second quarter net loss on large one-time charges related to both the Applebee’s acquisition, which was funded heavily by debt, and recent sale-leaseback...
PLANO Texas S&A Restaurant Corp., owner of the Bennigan’s Grill & Tavern and Steak and Ale casual-dining brands, filed in court Tuesday for Chapter 7 bankruptcy liquidation and shuttered many of the chains’ company-operated branches. However, the...
ORLANDO Fla. Darden Restaurants veteran Doug Doran confirmed Monday that he has left Group Four Restaurants, the development company he joined last December after working for the Red Lobster parent for 11 years. Doran said he left Group...
INDIANAPOLIS Ind. Steak n Shake's chief marketing officer, Steven Schiller, has left the company, a corporate receptionist confirmed on Monday. Schiller is the latest executive to depart the beleaguered 491-unit family-dining chain, following the...
PORTLAND Ore. Portland may become the next metropolitan area to adopt a menu-labeling requirement if the Multnomah County Commission approves a mandate proposed there. The commission is scheduled to vote Thursday on a proposal to require...
SACRAMENTO Calif. California became the first state in the nation to ban trans fats from restaurant foods when Gov. Arnold Schwarzenegger signed a bill on Friday that outlaws the artery clogger in a multi-year process. As of Jan. 1, 2010...
